On Thursday 9 April Corporate Restructuring Partner, Dominic Dumville, was a panellist on Watford Chamber of Commerce webinar to support local businesses in the Hertfordshire area.
Dominic spoke about controlling cashflow while your business is hibernated, slow accruing liabilities and the importance of forecasting cash requirement of your business during the imminent recovery period, when things begin to return to normal. He also gave an overview of Company Voluntary Arrangements (CVA) and Administration and how their rescue-focused characteristics may prove to be vial in unlocking the rescue of many businesses over the coming months.
Dominic is a licenced insolvency practitioner, qualified accountant and corporate finance professional. Whether you are struggling-on or have hibernated your business, Dominic will share a few pointers that will be helpful when readying your business for what comes next.
At Mercer & Hole our Corporate Restructuring team have a wealth of experience in helping rescue distressed businesses, as set out in our business rescue case studies. The team look at each case in isolation, identify the business strengths, opportunities and problems and then assist the directors in indemnifying the right solution.